NSTS Bancorp Stock Forward View - Double Exponential Smoothing
| NSTS Stock | USD 11.90 -0.10 -0.83% |
NSTS Bancorp's Double Exponential Smoothing forecast reference data is generated from the equity's historical trading prices. This page presents the model output and associated accuracy measures as reference information.
The Double Exponential Smoothing forecasted value of NSTS Bancorp on the next trading day is expected to be 11.86 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.05.When NSTS Bancorp prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any NSTS Bancorp trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent NSTS Bancorp observations are given relatively more weight in forecasting than the older observations. The Double Exponential Smoothing projections for NSTS Bancorp are reference data based on historical daily prices and are provided as informational context. Double Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of NSTS Bancorp on the next trading day is expected to be 11.86 with a mean absolute deviation of 0.10 , mean absolute percentage error of 0.02 , and the sum of the absolute errors of 6.05 .Please note that although there have been many attempts to predict NSTS Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that NSTS Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest NSTS Bancorp | NSTS Bancorp Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates NSTS Bancorp's predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 10.64 on the downside to about 13.08 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of NSTS Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent NSTS Bancorp stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0259 |
| MAD | Mean absolute deviation | 0.1008 |
| MAPE | Mean absolute percentage error | 0.0081 |
| SAE | Sum of the absolute errors | 6.047 |
Other Forecasting Options for NSTS Bancorp
The price trajectory of NSTS is the primary concern for any investor assessing it as an opportunity. NSTS Stock price charts are filled with noise that can easily mislead uninformed investment decisions.NSTS Bancorp Related Equities
The following equities are related to NSTS Bancorp within the Financials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing NSTS Bancorp against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
NSTS Bancorp Market Strength Events
Understanding the market strength of NSTS Bancorp stock enables investors to assess the security's momentum and responsiveness to broader market forces. These indicators are essential tools for timing trades in NSTS Bancorp with greater precision.
| Accumulation Distribution | 110.32 | |||
| Daily Balance Of Power | -0.56 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.99 | |||
| Day Typical Price | 11.96 | |||
| Price Action Indicator | -0.14 | |||
| Period Momentum Indicator | -0.10 |
NSTS Bancorp Risk Indicators
Reviewing NSTS Bancorp's basic risk indicators is essential for investors who want to forecast its price and manage their investment risk effectively. This analysis helps identify the amount of risk involved in holding NSTS Bancorp's and informs decisions about hedging and position.
| Mean Deviation | 0.7722 | |||
| Semi Deviation | 0.8886 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.42 | |||
| Downside Variance | 1.15 | |||
| Semi Variance | 0.7897 | |||
| Expected Short fall | -1.09 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for NSTS Bancorp
A coverage review of NSTS Bancorp shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
Contributor Headline
Latest Perspective From Macroaxis
NSTS Bancorp Short Properties
Short-interest signals around NSTS Bancorp can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 4.9 M | |
| Cash And Short Term Investments | 56 M |
Additional Tools for NSTS Stock Analysis
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Prophet Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |